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That is believed to be the case with both the Mets' SNY and the Yankees' YES Network, companies that earn a predictable income without fretting the vagaries of wins, losses and player salaries.

The owners of the Mets and of Sterling Entertainment Enterprises, which controls a little less than 70 percent of SNY, are the same people, but the team and channel are separate entities that can be sold (or not) separately. The rest of SNY is owned by two cable giants: Time Warner controls about a quarter and Comcast a little less than 10 percent.

YES is believed to be more valuable than SNY, but the Yankees own only about a third of it. Other owners of YES include Goldman Sachs.